[excon]

All I'm saying is that if there wasn't this rush to get a bill out by an artificial deadline set by POTUS, that a true stimulus package that would probably help could be constructed for no where's near what is being proposed.

Hello again, tom:

If I had MY way, the economy wouldn't have tilted so far to the right. I would NEVER have argued (and didn't) for policies that allowed the banks, hedge funds, and Wall Street managers to run off with ALL the money.

The policies of the dufus did exactly that. Having done so, and having it fail miserably, YOUR side, handed the DEMOCRATS a blank check.

To see them filling it in shouldn't be a surprise.

excon

PS> Personally, when confronted with intuitions "too big to fail", I would have cut them up into little pieces, and let the BAD pieces fail. I would have NEVER bailed them out. I'm not a bailout kind of guy. These intuitions got that big on the DUFUS's watch.

[tomder55]

I agree with you regarding the reckless behavior of the Republicans . That is why they lost . Still I'm surprised you would support not only more of the same ;but Republican abuses on steroids . That is what the Dems are giving us.

Yeah they can mock Republicans who went against their philosophies while at the same time doing worse by practicing theirs . That's exactly what Summers is arguing... basically he says ;well since the Republicans began to steer us off the cliff ...let's take our foot off the brakes and accelerate .

[excon]

I'm suprised you would support not only more of the same ;but Republican abuses on steroids

Hello again, tom:

I don't. Buy gold.

excon

[tomder55]

That's beginning to sound like very sound advice

[excon]

Hello again, tom:

It looks to me like the Republicans are betting the ranch, though (as if they didn't already). Their opposition to the bailout package is going to propel them into power once again, if the plan DOESN'T work, or it will consign them forever to the dustbin of history, if it DOES.

excon

[tomder55]

Perhaps ; but there was room to compromise . There still is ;but not if an artificial symbolic deadline like President's Day is set.

The Dems in the House loaded it. The Senate Dems managed to get some negotiations and still ended to date with a bill that costs even more than the House version.

If they manage to get over 60 votes then the bill will go to conference committee where all the provisions that were taken out of the bill will be reinstated before it heads to the President's desk.

It will be a $ trillion+ spending bill disguised as stimulus .It has very little of the so called shovel ready infrastructure projects that President Obama touted just a few minutes ago in the Indiana Town Hall meeting ;and he knows that as a fact.
Job creating is not pick and shovel if you are trying to stimulate a 21st century economy .

[excon]

Hello again, tom:

I don't think anybody is going to remember much about the details in a couple years. Oh yeah, WE will, but the average voter won't. All he's going to know is whether he's better off. If he IS, all he's going to remember is the Republicans were against the package.

If he's NOT, all he's going to remember is the Republicans were against the package.

excon

[George_1950]

The Dems in the House loaded it. The Senate Dems managed to get some negotiations and still ended to date with a bill that costs even more than the House version.

If they manage to get over 60 votes then the bill will go to conference committee where all the provisions that were taken out of the bill will be reinstated before it heads to the President's desk...

My guess is, that if the House provisions are reinstated, then the deal is off; the Senate can filibuster the 'conference committee report'. Or is it entitiled to an up/down vote?

[tomder55]

The Congressional Budget Act of 1974 limits debate on conference reports on budget reconciliation bills to 10 hours in the Senate, so Senators cannot filibuster those conference reports.Not sure if that applied to non-budgetary bills.

[edit ]

Yes they can filibuster but conference reports are not amendable so they would not accomplish anything.

[twinkiedooter]

He's just a puppet president. His popularity and approval rating will shortly dive into the single digits as soon as people start waking up to this fraud who has never had a real job in his life. You'll see.

[galveston]

Hey Ex, you keep advising buy gold. OK. What are you going to do if Obama mimics his hero, FDR and forces you to sell it all to the government at whatever price they want to pay you in inflated dollars??

[excon]

Hello gal:

You've mentioned several times about the possibility of government confiscation. You should know that the government can't make me sell what they don't know I got.

Plus, since gold isn't required to be registered, ANYBODY who tells the government that they've got gold, deserves to lose it.

excon

[galveston]

Hello gal:

You've mentioned several times about the possibility of government confiscation. You should know that the government can't make me sell what they don't know I got.

Plus, since gold isn't required to be registered, ANYBODY who tells the government that they've got gold, deserves to lose it.

excon

Great! They don't know you have it. Now how are you going to spend it? You sure better have it in real small coins so you can trade it to individuals for whatever.

[excon]

You sure better have it in real small coins so you can trade it to individuals for whatever.

Hello again, gal:

Exactamundo! When you can't use your paper dollars to buy food, I'll be eating goooood!

excon

[twinkiedooter]

Remember the old Twilight Zone episode where the bank robbers stole a bunch of gold bars, put them in a cave and then went into their time capsules to wake some 100 years in the future? When they did wake up and had all the gold bars, they killed each other off. There was one robber left out in the desert with no food or water. A man and woman came by in a car. The bank robber offered a bar of gold for a drink of water. The man in the car told the woman in the car that gold was used about 100 years ago and since it was so plentiful now it was practically worthless.

Some of those old Twilight Zone episodes were way ahead of their time.

[speechlesstx]

More Hopenchange at the Obama White House?

Obama White House coordinating 527 attacks on GOP?

[speechlesstx]

Hope and change and "the most transparent administration" ever?

In his first weeks in office, President Barack Obama shut down his predecessor’s system for reviewing regulations, realigned and expanded two key White House policymaking bodies and extended economic sanctions against parties to the conflict in the African nation of Cote D’Ivoire.

Despite the intense scrutiny a president gets just after the inauguration, Obama managed to take all these actions with nary a mention from the White House press corps.

The moves escaped notice because they were never announced by the White House Press Office and were never placed on the White House web site.

They came to light only because the official paperwork was transmitted to the Federal Register, a dense daily compendium of regulatory actions and other formal notices prepared by the National Archives. They were published there several days after the fact.

Yet another grand Obama promise with a short expiration date.

[speechlesstx]

The chorus on Obama's expired hopenchange promise grows louder...

OK, Mr. President, enough with the doomsday talk already. We get it. Things suck. And they’re going to get worse before they get better.

And we get how it important it was for you to level-set expectations out of the gate, as they were stratospherically out of whack.

We are all in economic rehab now, clear eyed and sober. If we’re not out of work, we know friends and family who are. And those of us lucky enough to have jobs are being showered with resumes. Really good ones.

So now we want to know that there is light at the end of this bleak, black tunnel.

It’s time for less mope and more hope. You were elected because you are a walking, talking hope machine. Plug that sucker back in and crank it up to ten...

George W. Bush was president through some of the darkest days of our history and yet his optimism never waned. He is optimistic by nature, but he also understood the importance of always communicating a sense that things will get better. And it’s in part why John Kerry lost in 2004. He painted a terrible picture of the future. And as Bush said, “You can’t say things are going to be awful, follow me and expect to turn around and see a crowd.”